multiple choice

700 Pitt Enterprises manufactures jeans. All materials are introduced at the beginning of the manufacturing process in the Cutting department. Conversion costs are incurred uniformly throughout the manufacturing process. As the cutting of material is completed, the pieces are immediately transferred to the Sewing department. Information for the Cutting department for the month of May follows Direct materials Conversion percent Units Percent Complete Complete Beginning work in process inventory 54,000 100$ Unita started this period 12 000 Units completed and transferred out 13.000 Ending work in process inventory 36,000 1000 601 Production cost Information for the Cutting department follows: Beginning work in process Direct materials $ 70,900 Conversion 34,220 $ 105,120 Costs added this period Direct materiala $ 342,400 Conversion 353, 350 $ 695,750 Pitt Enterprises uses the FIFO method of process costing, compute the equivalent units for direct materials and conversion respectively for May. Multiple Choice 120,000 direct materials; 121,800 conversion. O 174,000 direct materials; 159,600 conversion. 84,000 direct materials; 84,000 conversion. O 121,800 direct materials; 120,000 conversion. O 121,800 direct materials; 121,800 conversion